InsurTech News

nsurtech Verikai, a provider of predictive analytics and AI-powered solutions for the insurance industry, has released of its platform

Insurtech starup based out of Nigeria, MyCover, has raised $1.25 mn in pre-seed funding led by Pan-African venture capital fund Ventures Platform

Cover Genius, the insurtech for embedded protection, has partnered with AudienceView, a global leader in ticketing and e-commerce solutions

Reask, the risk data company applying artificial intelligence (AI) to interpret and forecast global extreme weather conditions, has raised a total of $6.55 mn

The Austin-based insurtech Steadily has raised $28.5 mn in a new round of funding Series B led by Zigg Capital

Insurtech Bdeo has raised an additional €7.5 mn to accelerate its international expansion and strengthen its position across Europe and Latin America

Insurtech Raincoat has sequred of an additional $6.5 mn seed round bringing its total raised to date to $11 mn

Insurtech Lemonade has partnered with General Catalyst (GC), a leading venture firm and an early investor in Lemonade, to create Synthetic Agents

Carbon insurtech Kita and OxCarbon, a not-for-profit spin-out from the University of Oxford, have signed a Memorandum of Understanding

Federato, the insurance industry’s RiskOps underwriting platform, has raised $25 mn in Series B funding, led by Caffeinated Capital, with participation from Emergence Capital

Data observability insurtech Telmai has raised $5.5 mn in oversubscribed seed funding. The round is co-led by Glasswing Ventures and .406 Ventures

Insurity, a provider of cloud-based software for insurance carriers, brokers, and MGAs, together with e2Value is offering promotional pricing for e2Value’s valuation

Insurtech Intelligent AI has developed the Intelligent Rebuild Cost Validation Platform, which is designed to address the long-standing challenge of underinsurance

Insurtech Precedent, the insurance industry’s first Digitized Demand Handling technology, has closed $9 mn in Seed funding

Insurtech bolttech has announced a partnership with Taiwan Mobile, a telecommunications provider, for a range of personal insurance options for customer

Driver Technologies, an AI-based mobility tech company that delivers a safer, smarter driving experience, announced the closing of a $6 mn funding round

Lloyd’s Lab has entered into an agreement with the Dubai Department of Economy and Tourism (DET) to collaborate on an insurtech accelerator programme

Insurtech startup Insify has completed its Series A extended funding round with another €10 mn. Overall, the startup has raised €25 mn

Spanish life insurtech Life5 has raised its 3rd funding round. After raising a €1 million pre-seed round and a €5.5 million seed round, Life5 recently raised a €10 million

Insurtech bolt’s turnkey solution integrates protection for smartphones into Bamboo’s existing agent and direct-to-consumer sales journeys

Insurtech Kin Insurance has expanded into Alabama, offering affordable and tailored home and property insurance

AI insurtech Concirrus has extended its partnership with insurers & reinsurers SCOR. The partnership will see Concirrus replace SCOR’s existing data model